• Lloyds Bank International Current Account

    Benefits

    • Choice of 3 Currencies

      Accounts in £, €, US$ (monthly fee applies).
    • Fee Free International Payments

      We won't charge you for sending or receiving money transfers. However, correspondent and recipient bank charges may apply.
    • 24/7 Worldwide Access

      To your money with Internet Banking.
    • Visa Debit Cards

      In all 3 £, €, US$ for easy worldwide access to your money.

    Need to know

    • Monthly Fee £7.50, €8, US$10

      Only one fee applies if you have accounts in multiple currencies. No monthly fee is charged for the first three months, except where the account has been converted from a Premier International Current Account when it is charged upon account opening.
    • Sterling Accounts

      Are provided by Lloyds Bank International Limited.
    • Eligibility

      Available in many countries but not all.

      If you live in the EU (excluding the UK) and do not already hold an account with us, we are unable to offer you an account.
Overview
  • Our International Current Account offers:

    • A choice of three currencies so you can spend without paying exchange fees (Sterling, Euro and US Dollar)
    • Free international payments: we won't charge you for sending or receiving international money transfers. However recipient and corresponding banks abroad may charge a fee for receiving payments.
    • Visa debit cards in all 3 currencies for easy worldwide access to your money
    • A monthly fee of £7.50/€8/US$10 will apply. Only one fee applies for multi-currency accounts.
    • Access your salary, pay bills or send money back to your family
    • 24/7 Internet Banking
    • PhoneBank available 6am – Midnight UK time, 7 days per week. Calls may be monitored/recorded
    • 0% credit interest.
Eligibility
    • To be eligible you need a gross annual income (The amount you receive before tax) of £50,000 or currency equivalent.
    • For joint accounts at least one of the applicants needs a gross annual income of that amount.
    • Alternatively you can also be eligible if you have £25,000 (or currency equivalent) to save or invest (solely or jointly) with Lloyds Bank international banking services.
    • You also need to make an initial deposit into your account within 30 days of opening.

    If you live in the EU (excluding the UK) and do not already hold an account with us, we are unable to offer you an account.

    Depending on legislation and regulations of the country you live in, we may not be able to offer you this account.

    Check eligibility 

Interest Rates
  • Sterling accounts: no interest paid

    Euro accounts: no interest paid

    US Dollar accounts: no interest paid

    All interest rates are variable and subject to change.

     

Charges & Fees
  • Using your International Current Account
    • A monthly fee of £7.50 will apply, or currency equivalents of €8 or $10.
      Note: No monthly fee is charged for the first three months, except where the account has been converted from a Premier International Current Account.
    • Only one fee applies if you have multiple accounts.
    Account currencyMonthly fee
    Sterling£7.50 per month
    US Dollar$10 per month
    Euro€ 8 per month

    If you are opening more than one International account in the same name(s):

    The following rules for charging apply for accounts opened in the same name(s) if you haven't told us which account to take the fee from:

    • £ Sterling and US Dollar Accounts – £7.50 fee will be taken from your Sterling account
    • £ Sterling and Euro Accounts – £7.50 fee will be taken from your Sterling account.
    • US Dollar and Euro Accounts – $10.00 fee will be taken from your US Dollar account
    • £ Sterling, US Dollar and Euro Accounts – £7.50 fee will be taken from your Sterling account
    • If you open more than one sole account, only one fee is payable
    • If you open more than one joint account in the same names, only one fee is payable
    • If you open more than one joint account in different names, then fees are payable on all accounts
    • If you open a sole account and a joint account, a fee is payable on both accounts
    Operating your International Current Account

    Planned and unplanned overdrafts

    Sterling international accounts  (rates correct as of 05/09/2013)

    Planned overdrafts
    (by prior arrangement, Sterling accounts only)
    Up to £200 : no interest charged

    Over £200 : Monthly interest at 1.23% (EAR 15.8%)
    Unplanned overdrafts
    Sterling international accounts
    Sterling international accounts monthly Interest at 1.23% (EAR 15.8%)
    Monthly fee of £15
    Maximum of one monthly fee charged in a monthly billing period
    Daily fee
    Sterling international account

    When your Unplanned Overdraft balance is:  

    Less than £25 : £6 a day

    £25 - £100 : £15 a day

    More than £100 : £20 a day

    Notes:
    1. How much we lend (if any) is subject to our assessment of your personal circumstances. Overdrafts are also repayable on demand.
    2. For the International (Sterling) Account the EAR quoted does not take into account the monthly fee. The Planned and Unplanned Overdraft borrowing rate EAR is calculated on the same basis. EAR stands for Equivalent Annual Rate. APR stands for Annual Percentage rate.

    Currency accounts

    Unplanned overdrafts on currency accounts
    Annual equivalent rate

    EuroUS Dollar
    5.00% + European Central Bank Rate (ECB rate)5.00% + Federal Funds Rate (FED rate)

    Please contact us  for the latest rates or for further information on Unplanned Overdraft charges for these accounts.

    For more information on overdraft charges on sterling International Accounts, download our Overdrafts Rates and Charges guide .

    Using your International debit card

    Current Charges and Fees

    Currency of the Premier debit cardFee for issuing the cardCurrency conversion fee*Cash withdrawalsATM limit
    SterlingFREE with international accounts2.99%£1.50£500
    US DollarFREE with international accounts2.99%1.5%$750
    EuroFREE with international accounts2.99%1.5%€750
    • Fees taken from the account used for the chargeable transaction
    • The conversion fee only applies when the transaction is in different currency to that of the card. For example, there is no currency conversion fee when you use a US Dollar Debit Card to draw US Dollars in cash, or to purchase goods and services in the United States.
    Sending funds
    International Moneymover Service*Free:
    • Through Internet Banking
    • Through International PhoneBank, in branch, or in writing
    • Through Standing Order
    • To your other accounts held with Lloyds Banking Group
     
     
    Correspondent Bank Fee*Zone 1 (USA, Canada and Europe)£12
    Zone 2 (Rest of the world)£20
    (Note: For the purposes of the Correspondent Bank Fee, Europe is defined as all EEA countries plus Jersey, Guernsey, Isle of Man, Monaco, San Marino and Switzerland)
    International drafts£15 (plus registration fee if posted) 
    Electronic Funds Transfer
    (CHAPS payments within the British Isles)
    £30 
    Recalling a payment

    £20 per payment

    We cannot guarantee the cancellation as funds may already have been paid to the beneficiary.

    You could receive less than the original amount of the payment, due to adverse exchange rate movements

     

    * When making an International Payment there are two charging methods:

    Split Charges: Recipient and Correspondent banks abroad may charge a fee for receiving payments which will be paid by the recipient if you choose to share charges.

    Pay all Charges: A Correspondent Bank Fee will be payable for international payments where you choose to pay the charges for the recipient, if you are permitted to do so based upon the destination of the payment and the type of account that you hold. The Correspondent Bank Fee replaces all Correspondent bank charges. The recipient bank may still charge its customer a fee but we cannot provide information about such a fee. The amount of the Correspondent Bank Fee depends on the location of the recipient bank.

    Receiving funds

    Electronic Bank Transfer from another financial institutionFree
    Cheque Collections

    Cheques up to £100 : £5

    Cheques of £100 and above:
    25p per £100 (min £15, max £80 per cheque)

    Cheque negotiation to Sterling account
    The correspondent bank may impose an additional charge based on the value of the cheque.

    Cheques up to £100 : £5

    Cheques of £100 and above:
    25p per £100 (min £15, max £80 per cheque)

    Cheques in a foreign currency drawn in a different country
    (e.g. US Dollars drawn in France, but not UK):
    25p per £100 (min £10, max £80 per cheque)

    Cheque negotiation to current account
    The correspondent bank may impose an additional charge based on the value of the cheque.

    Cheques in the same currency as the account : £2 per cheque

    Cheques requiring currency conversion : £4 per cheque

    Other standard services

    Supplying copies of previous bank statements£5 per sheet (maximum of £10)
    An administration charge may be made for excessive requests
    Returned item fee£20 for each unpaid item. We will charge you up to a maximum of three fees a day.

Terms & Conditions What is a Debit Card?
  • What is a debit card?

    A debit card is a payment card that allows you to make transactions online and in shops for any number of goods and services, and takes payment directly from your bank account. Millions of people use debit cards, and you get one with most Lloyds Bank current accounts.

    With a debit card, you can:

    • book or buy online, in shops, or over the phone
    • take out money from any Cashpoint® in the UK, or cash machines around the world
    • use your card worldwide, whenever you see the Visa symbol
    • call us 24 hours a day if you have a problem with your Lloyds Bank debit card

    Many debit cards are now contactless, which makes paying for everyday things even easier.

    Contactless cards are designed to make your life that little bit easier. Contactless cards allow you to pay for goods up to £30 without needing to enter your PIN. Many shops, restaurants, and businesses have contactless reader devices which make transactions faster and smoother. Millions of people use contactless debit cards.

    Most contactless payments will appear in the main section of your online statement within a few days. However, some transactions may show first in the ‘View pending transactions’ section.

    Please note: Not all Contactless Card transactions appear immediately on your Online & Mobile Banking statements. If you can’t see a transaction please wait a few days for it to be added to your statement.

    How does contactless work?

    Contactless is a way of making paying for things swifter and simpler. If you have a contactless card and are paying for something in a shop, restaurant, or business that has a contactless reader, all you need to do is hold your contactless card over the reader to pay. If the price is under £30, you don’t need to even enter your PIN.

    The first time you use your contactless card for a transaction, you’ll need to enter your PIN. Once you've done that, all future transactions can be contactless. You need to hold your card very close to the reader (around 2 – 4 centimetres) for it to work. If the price of the transaction is over £30, you will need to key in your PIN as normal.

    For added security, every now and again you might be asked to enter your PIN for transactions under £30. This is likely to happen if you make several contactless transactions in a row.

    How to use contactless

    1. Look for the contactless symbol when paying.
    2. Simply touch your contactless card against the reader.
    3. A beep or green light shows your payment is being processed.
    4. Your payment is approved.

    How do I know if I have a contactless card?

    All contactless cards have the contactless symbol on them. The symbol is four curved lines radiating rightwards (a lot like a Wi-Fi symbol turned on its side). It looks like this:

    Contactless Card Symbol

    If you have this symbol on the front of your debit card, you can start using the contactless method of paying immediately.

  • Need help?

    Mon-Fri 8am-6pm and Sat. 9.30am-1.30pm UK time. Calls may be monitored/recorded.

Lloyds Bank International Limited, a Jersey registered and regulated bank, is a subsidiary of Lloyds Bank Corporate Markets plc, a UK Non-ring-fenced Bank. Both companies are part of Lloyds Banking Group plc and are independent from Lloyds Bank plc which is Lloyds Banking Group’s ring-fenced, UK regulated retail and commercial bank. For more information on ring-fencing visit international.lloydsbank.com/ringfencing

Our International services are offered by Lloyds Bank International Limited, Lloyds Bank (Gibraltar) Limited & Lloyds Investment Fund Managers Limited. See company Information. Whilst our services will be available to many customers, there are countries where, due to legal or regulatory restraints, we cannot provide them.

Rules and regulations made under the UK Financial Services and Markets Act 2000 for the protection of depositors and investors, including the Financial Services Compensation Scheme, do not apply to the financial services business of companies within the Lloyds Banking Group carried out from offices outside of the United Kingdom.

Lloyds Bank International Limited. Registered office and principal place of business: 11-12 Esplanade, St Helier, Jersey, JE2 3QA. Lloyds Bank International Limited is incorporated in Jersey, No. 4029 and is regulated by the Jersey Financial Services Commission to carry on deposit-taking business under the Banking Business (Jersey) Law 1991 and investment and general insurance mediation business under the Financial Services (Jersey) Law 1998. Lloyds Bank International Limited subscribes to the Jersey Code of Practice for Consumer Lending and has also notified the Jersey Financial Services Commission that it carries on money service business.

The paid up capital and reserves of Lloyds Bank International Limited was £986m as at 31st December 2017.

Lloyds Bank International Limited is a participant in the Jersey Bank Depositors Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. Eligible deposits are deposits held by private individuals and charities. Depositor protection does not extend to corporations, small to medium sized enterprises, partnerships and trusts. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the Scheme and banking groups covered are available on the States of Jersey website www.gov.je/dcs or on request.

The Guernsey branch of Lloyds Bank International Limited, principal place of business PO Box 136, Sarnia House, Le Truchot, St Peter Port, Guernsey, GY1 4EN, is licensed by the Guernsey Financial Services Commission to take deposits and to carry on controlled investment business and insurance intermediary business under The Banking Supervision (Bailiwick of Guernsey) Law, 1994, The Protection of Investors (Bailiwick of Guernsey) Law, 1987 (as amended) and The Insurance Managers and Insurance Intermediaries (Bailiwick of Guernsey) Law, 2002 (as amended), respectively, and is also registered with the Guernsey Financial Services Commission as a money service provider.

Lloyds Bank International Limited is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for 'qualifying deposits' up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details are available on the Scheme’s website: www.dcs.gg or on request from Telephone: +44 (0) 1481 706359 or Post: P.O. Box 53, 1 Smith Street, St Peter Port, GY1 4BD.

The Isle of Man branch of Lloyds Bank International Limited of PO Box 111, Peveril Buildings, Peveril Square, Douglas, Isle of Man IM99 1JJ is licensed by the Isle of Man Financial Services Authority to conduct deposit-taking and investment business and is also registered as an insurance intermediary in respect of general business.

Lloyds Bank International Limited is a participant in the Isle of Man Depositors’ Compensation Scheme as set out in the Depositors’ Compensation Scheme Regulations 2010.

Lloyds Bank (Gibraltar) Limited. Registered office and principal place of business: Royal Ocean Plaza, Ocean Village, Gibraltar, GX11 1AA. Registered in Gibraltar, no 99982. Regulated and authorised by the Gibraltar Financial Services Commission for the conduct of banking, investment and insurance mediation business. Lloyds Bank (Gibraltar) Limited is a participant in the Gibraltar Deposit Guarantee Scheme and a participant in the Gibraltar Investor Compensation Scheme. Details of the schemes are available on request.

Please note that, in relation to banking services which we provide, you might not be eligible for compensation under a deposit protection guarantee scheme available in your country of residence. If in doubt, contact your local banking regulator, visit their website or seek independent advice.

Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited are wholly owned subsidiaries of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets plc is incorporated in the United Kingdom, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 763256, and is part of the Lloyds Banking Group. Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited place funds with Lloyds Bank Corporate Markets plc and thus their financial standing is linked to that of the group. Depositors may wish to form their own view on the financial standing of Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited and their parent based upon publicly available information. Download Lloyds Bank International Limited’s latest annual financial statements. Lloyds Bank (Gibraltar) Limited’s latest annual financial statements are available through Companies’ House in Gibraltar at www.companieshouse.gi.

Lloyds Investment Fund Managers Limited. Registered office: 11-12 Esplanade, St Helier, Jersey, JE2 3QA. Authorised by the Jersey Financial Services Commission under the Collective Investment Funds (Jersey) Law 1988.

View our information on how to complain.

Legislation or regulations in your home jurisdiction may prohibit you from entering into such a transaction with us. We reserve the right to make final determination on whether you are eligible for any products or services. Residents or Nationals of certain jurisdictions may be subject to exchange controls and should seek independent advice before entering into any transactions with us.

Please note that, in relation to banking services which we provide, you might not be eligible for compensation under a deposit protection guarantee scheme available in your country of residence. If in doubt, contact your local banking regulator, visit their website or seek independent advice.